She will replace Ulrich Bindseil, who has become Director General Market Infrastructure and Payments

The Executive Board of the European Central Bank (ECB) has appointed ImèneRahmouni-Rousseau to the position of Director General Market Operations (DG-M). Ms Rahmouni-Rousseau will replace Ulrich Bindseil, who took up his new role as Director General Market Infrastructure and Payments on 1 November 2019.

Ms Rahmouni-Rousseau, 43, is currently Director of Markets at the Banque de France, a post she has held since 2014. She started her career at the Banque de France in 1999 as an economist in the same directorate after working as an emerging markets equity analyst at Schroders Investment Management. She moved to the ECB to work as an economist in DG-M between 2001 and 2004 before returning to the Banque de France as Head of the Financial Stability and Markets Research Division. Ms Rahmouni-Rousseau joined the Secretariat of the Financial Stability Board in Basel in 2009 and returned to the Banque de France in 2014.

Ms Rahmouni-Rousseau holds a Master’s degree in economics from École Centrale Paris and a Master’s degree in economics and finance from Sciences Po in Paris.

Ms Rahmouni-Rousseau will take up her new position on 1 February 2020.

Notes

The Directorate General Market Operations is responsible for implementing monetary policy (Eurosystem credit operations, collateral and counterparty framework, outright purchase programmes, etc.) and for the management of the ECB’s foreign reserves and investment portfolios.

Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.